Multiple Choice
Real GDP is $2,560 billion, the GDP deflator is 125 a price level of 1.25) , and the velocity of circulation is 5.The quantity of money is
A) $640 billion.
B) $400 billion.
C) $625 billion.
D) $2,048 billion.
E) $20.48 billion.
Correct Answer:
Verified
Correct Answer:
Verified
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